Advisory fuel rates from 1 March 2024

1 Mar 2024

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Advisory fuel rates from 1 March 2024 Related image

Advisory fuel rates reflect actual average fuel costs and are updated quarterly. The rates can be used by employers who reimburse employees for business travel in their company cars or where employees are required to repay the cost of fuel used for private travel. HMRC accepts there is no taxable profit and no Class 1A National Insurance on reimbursed travel expenses where employers pay a rate per mile for business travel no higher than the published advisory fuel rates.

Employees can also use the advisory fuel rates to repay the cost of fuel used for private travel. In this case, HMRC will accept there is no fuel benefit charge. The advisory rates are not binding if the employer can demonstrate that employees cover the full cost of private fuel by repaying at a lower rate per mile.

The latest advisory fuel rates become effective on 1 March 2024. Fuel rates are reviewed four times a year with changes taking effect on 1 March, 1 June, 1 September and 1 December. You can use the previous rates for up to 1 month from the date the new rates apply.

Engine size Petrol – amount per mile LPG – amount per mile
1400cc or less 13p 11p
1401cc to 2000cc 15p 13p
Over 2000cc 24p



Engine size

Diesel – amount per mile
1600cc or smaller 12p
1601cc to 2000cc 14p
Over 2000cc 19p

The advisory fuel rate for fully electric cars will remain at 9p per mile from 1 March 2024. 


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